sharesin NorthernRock

[Muttley08]

If Northern Rock go belly up will the mortgage debt be wiped or just tranferred to a buying company for the princely sum of one pound ?

Apparently sold on to another bank - it's an asset. Shame aint it?

[Dundeegeorge]

He'll be back

(repositions shades, revs up motorcycle and drives off in a cloud of dust)

[MrRobin]

It;s falling again... -30% now

[NoddY]

A good frined of mine who's in risk in financial markkets sent all his friends an email on Northern Rock, and generally on financial institutions in the UK at the moment - key line in his email was this:



In the 7 years I've known him he's never once sent me an email like that. He works for one of the major players and is in a pretty senior risk role. I know what I'd be doing right now, and shares in Northern rock wouldn't be one of them.

I'd be very reluctant to follow financial advice from someone who has to resort to working for income.

[Sockpuppet]

http://newsvote.bbc.co.uk/1/shared/f...3/intraday.stm

[wendigo100]

Arnie Weinstock must be spinning in his grave... for all his faults (and there were many) he was a better man than the twats that followed him...

My first boss when I left school. He knew about making money. He'd never have made that speculative punt on whatever that comms company was. He was godlike.

[FiveTimes]

My first boss when I left school. He knew about making money. He'd never have made that speculative punt on whatever that comms company was. He was godlike.

Speculative punt was FORE Systems - £3bn... and paid cash aswell. Arnie would have at least made sure he kept his cash pile and offered shares as part of the deal.

[Sockpuppet]

Now down 32%

Crikey!

[Sysman]

My first boss when I left school. He knew about making money. He'd never have made that speculative punt on whatever that comms company was. He was godlike.

But the prat left the heritage of forcing suppliers out of business by not paying on time.

[Lambros]

It's panic: Get Your Money! Another UK bank crying help from Bank of England


For those who cannot read?????


Lets have more pictures of people waiting in line in front
of the bank?????????



http://newsimg.bbc.co.uk/media/image...ckqueue203.jpg